Episode 476

Published time: 27 Jul, 2013 08:39

The Bank of England in central London (AFP Photo) / AFP

Max Keiser and Stacy Herbert discuss the ‘capital Taliban’ and the ‘monetary jihadists’ at the Bank of England . . . aka ‘financial terrorists,’ but not for the reasons Vince Cable claims they are. Stacy suggests that monetary policy could use a burka as it’s walking in a g-string loose at the moment. In the second half, Max talks to Alasdair Macleod of Macleod Finance and Goldmoney about gold backwardation, GOFO and the 1300 tonnes of gold missing from the Bank of England!